{"id":13245,"date":"2008-11-24T18:30:34","date_gmt":"2008-11-24T22:30:34","guid":{"rendered":"https:\/\/www.ewmrealestate.com\/blog\/?p=13245"},"modified":"2015-04-10T19:53:38","modified_gmt":"2015-04-10T19:53:38","slug":"foreclosures-and-long-term-thinking","status":"publish","type":"post","link":"https:\/\/ewmrealestate.com\/blog\/foreclosures-and-long-term-thinking\/","title":{"rendered":"Foreclosures and Long Term Thinking !"},"content":{"rendered":"<p class=\"MsoNormal\" style=\"margin: 0in 0in 0pt\"><a href=\"https:\/\/www.ewmrealestate.com\/blog\/files\/2008\/11\/foreclosure-picuture2.jpg\"><img loading=\"lazy\" class=\"alignnone size-medium wp-image-13252\" src=\"https:\/\/www.ewmrealestate.com\/blog\/files\/2008\/11\/foreclosure-picuture2-300x200.jpg\" alt=\"\" width=\"300\" height=\"200\" \/><\/a><\/p>\n<p style=\"margin: 0in 0in 0pt\">The majority of people that want to buy a home are not investors.\u00a0A large group of people\u00a0don\u2019t want to buy properties now because they think prices will continue to drop. That may be the case but there is no one alive that can precisely time when the real estate market hits its extreme low as well as timing the extreme high.<\/p>\n<p style=\"margin: 0in 0in 0pt\">\n<p style=\"margin: 0in 0in 0pt\">The areas I specialize in are Foreclosures in Ft. Lauderdale &amp; surrounding areas. People are waiting for the prices to drop further instead of realizing the Foreclosure home you purchase now will be lived in for a minimum of three to five years. Primary residential Foreclosure properties purchased today will be substantially higher in years to come. I don\u2019t have a crystal ball but if you bought a property at below market value five to ten years ago is it worth substantially more today ? Absolutely !<\/p>\n<p style=\"margin: 0in 0in 0pt\">\n<p style=\"margin: 0in 0in 0pt\">The point is that Foreclosures are sold below the present market value. Now is a phenomenal time to buy a Primary Foreclosure Residence. There is financing for Foreclosures !<\/p>\n<p style=\"margin: 0in 0in 0pt\">\n<p style=\"margin: 0in 0in 0pt\">Buying a home is not only about price. In the simplest of terms it\u2019s a place to live. Everyone needs a roof over their head. You are not buying a home to flip it ! The big questions to ask are: Am I buying a home to sell and make money short term or am I buying a place to live? \u00a0Am I buying a place just because it\u2019s a good buy\u00a0 ?<\/p>\n<p style=\"margin: 0in 0in 0pt\">\n<p style=\"margin: 0in 0in 0pt\">In realty you are buying a home because you like the home, the area, the schools, the amenities and it suits your needs.<\/p>\n<p style=\"margin: 0in 0in 0pt\">\n<p style=\"margin: 0in 0in 0pt\">Remember, no one will time the very bottom of this market !<\/p>\n<p style=\"margin: 0in 0in 0pt\">\n<p style=\"margin: 0in 0in 0pt\">We are in very bad economic times and the fortunate few that can get financing or have the cash available to buy a primary residence should think about the long term positive aspects.<\/p>\n<p style=\"margin: 0in 0in 0pt\">\n<p class=\"MsoNormal\" style=\"margin: 0in 0in 0pt\">South Florida including Dade &amp; Broward Counties has experienced a great blow in housing prices. Anyone who buys a property today will be very grateful in five to ten years. <span style=\"font-size: 14pt;font-family: &quot;Arial Black&amp;quot&amp;quot&#038;quot\"> <\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0in 0in 0pt\"><span style=\"font-size: 14pt;font-family: &quot;Arial Black&amp;quot&amp;quot&#038;quot\"> <\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0in 0in 0pt\">\n<p style=\"margin: 0in 0in 0pt\">\n<p style=\"margin: 0in 0in 0pt\">Tony Hammer<\/p>\n<p style=\"margin: 0in 0in 0pt\">Certified REO &amp; Foreclosure Specialist<\/p>\n<p style=\"margin: 0in 0in 0pt\">954-394-8216<\/p>\n<p class=\"MsoNormal\" style=\"margin: 0in 0in 0pt\">\n<p style=\"margin: 0in 0in 0pt\">EWM Real Estate<\/p>\n<p style=\"margin: 0in 0in 0pt\">1700 E. Las Olas Blvd. Ste. 103<\/p>\n<p style=\"margin: 0in 0in 0pt\">Ft. Lauderdale, Fl 33301<\/p>\n<p class=\"MsoNormal\" style=\"margin: 0in 0in 0pt\">\n<p style=\"margin: 0in 0in 0pt\"><a href=\"mailto:tonyhammer10@gmail.com\">tonyhammer10@gmail.com<\/a><\/p>\n<p style=\"margin: 0in 0in 0pt\"><a href=\"http:\/\/www.tonyhammer.com\/\">www.tonyhammer.com<\/a><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0in 0in 0pt\"><span style=\"font-size: 14pt;font-family: &quot;Arial Black&amp;quot&amp;quot&#038;quot\"> <\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0in 0in 0pt\"><span style=\"font-size: 14pt;font-family: &quot;Arial Black&amp;quot&amp;quot&#038;quot\"> <\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0in 0in 0pt\"><span style=\"font-size: 14pt;font-family: &quot;Arial Black&amp;quot&amp;quot&#038;quot\"> <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The majority of people that want to buy a home are not investors.\u00a0A large group of people\u00a0don\u2019t want to buy properties now because they think prices will continue to drop. That may be the case but there is no one alive that can precisely time when the real estate market hits its extreme low as<\/p>\n<p class=\"more-link\"><a href=\"https:\/\/ewmrealestate.com\/blog\/foreclosures-and-long-term-thinking\/\" class=\"themebutton2\">Read More<\/a><\/p>\n","protected":false},"author":5395,"featured_media":130092,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_expiration-date-status":"","_expiration-date":0,"_expiration-date-type":"","_expiration-date-categories":[],"_expiration-date-options":[]},"categories":[12161],"tags":[1413,1917,2871,67,4605,9029],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Foreclosures and Long Term Thinking ! - BHHS EWM Realty<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ewmrealestate.com\/blog\/foreclosures-and-long-term-thinking\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Foreclosures and Long Term Thinking ! - BHHS EWM Realty\" \/>\n<meta property=\"og:description\" content=\"The majority of people that want to buy a home are not investors.\u00a0A large group of people\u00a0don\u2019t want to buy properties now because they think prices will continue to drop. That may be the case but there is no one alive that can precisely time when the real estate market hits its extreme low asRead More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ewmrealestate.com\/blog\/foreclosures-and-long-term-thinking\/\" \/>\n<meta property=\"og:site_name\" content=\"BHHS EWM Realty\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/EWMRealtyInternational\" \/>\n<meta property=\"article:published_time\" content=\"2008-11-24T22:30:34+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2015-04-10T19:53:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ewmrealestate.com\/blog\/wp-content\/uploads\/2019\/06\/BHHS-On-Solid-Background.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"376\" \/>\n\t<meta property=\"og:image:height\" content=\"376\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"EWM Marketing\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"EWM Marketing\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/foreclosures-and-long-term-thinking\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/foreclosures-and-long-term-thinking\/\"},\"author\":{\"name\":\"EWM Marketing\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#\/schema\/person\/3a9b03cccfbcd6dc5e4bcdcc0b2c8511\"},\"headline\":\"Foreclosures and Long Term Thinking !\",\"datePublished\":\"2008-11-24T22:30:34+00:00\",\"dateModified\":\"2015-04-10T19:53:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/foreclosures-and-long-term-thinking\/\"},\"wordCount\":379,\"publisher\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#organization\"},\"keywords\":[\"bank owned\",\"Broward\",\"condos\",\"Foreclosures\/ Short Sales\",\"ft lauderdale\",\"reo\"],\"articleSection\":[\"Foreclosures &amp; Short Sales\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/foreclosures-and-long-term-thinking\/\",\"url\":\"https:\/\/ewmrealestate.com\/blog\/foreclosures-and-long-term-thinking\/\",\"name\":\"Foreclosures and Long Term Thinking ! 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